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HomeMy WebLinkAbout0885 ~d :haU Pe.lo.~. oompir w+eh and a6td. 6y eac6 ~J ..?.rn ~h. ~...m.~a, ,tt~wiatto,~, ~ondt:to~ a~d cow~anb thtrooj, nnd oj !hu mortgaga, tl~en thls mortga9e a~d ths estata here6y c?cwted, skal! ceaas. de- ttmltn~ ond bo nuU and ~+oid. ~ ehe ~no.cgc~ hereby Jweh.r c~oue,wnb nnd a9?«. to par aomptly wke~ due tlw p.tnc;pal a.~d interest and ot6e? swns oJ rnone~r provided jo? in snid natt ond this niortgaAe, or etthe?: to pay nll and singular the taxes. cssessmenls, levies, lta6ililtes, o6ligations. and ~nrum6rances oj ever~r nature on sotd pro• pe?t71: to pennit. rnn~mit o? suf~er no waste. Impainr~ent o? deterioralion ol said la~d or the improveneenis ~ fl~ereon at any fir?~e: to ~oep t~e 6utldinps nou~ or heren~ter o~ satd ~and ~u«y inswecl ln a awn o~ not ~ess ( than ` in a rnmpany or co+npantes nrcepta6~e fo fhe nwrtgagee. fhe po~icr or po~tcies l0 6e 1~e~ by, ond poya6le to, said mortgagee, and in the ever~t nny swn oj ~nonep becomes ~ya6l~ 6y vi?tus oj such insumnc~e tl~e mo?lgagee shall have the right to receive ond nppl~+ !he snene to tl~e indebtedness I~ereby secured, ncrounting to ftie mortgngor ~or ony surp~us: fo pay u~l costs. charges. ant~ expenses, inc~utling ~nwyer s~ees and itlle searches. ~o~ob[r tn~u..ed or ~td 6r the mo.tga9~ because o/ fhe jailure o/ the ~nortgaeor to promplly and f ullr ~ly with tke agreements. stipulatioru, oonditior~s and covennnts o~ said note nnd tl~ts niatgage, or either: to pe?/orm. c,o~Plr w~th and n6ide 6y eac6 ond eve~r tk. ng?eeme?~ts, stipulations, c~w~ditions and covenar~+s set jor11~ tn satd note and this nw?tgage o~ eitl~er. In tl~e event the raortgogor ~ci1s to Pa7? u~laen c~ue any tnx, assessment, lnsuennce pre~nium or other swn o( ~.o~y ~ra6l~ by virtue o/ aaid note and 1F?is ~ morfgnge, or either, the moitgagee may pay fhe swne, wifhout waiving w n(~ecting tke option to jw~ec~ose ~ or any othe~ right hereunde~, and nIl stech pay~nents shnll 6enr interest /ioin dnle tl~ergo! at tl~e luglwst Inw- ~ Jul ~nte t1~en allou~ed 6y ti~e Inws oj ll~e Stnte o/ Florida. , ~ an7r sum of money {~enin rejerrea to E~e not pro:nplly pnid wilhin 15 deps next aJter ~ t{~e same beeo~nes due, or iJ ench and every tl~e ng?eernents, stipulations, owiditions and covenanb o/ satd note and tl~is mo?tgage, or est6e~, are not Jully per/ormed, camplied witf~ and a6~d8d 6y, tfien t6e entire ~ sum mentioned in said note, and t1~is mortgnge, or tlte entire balanc~e unpaid lhereon, shaU /orlluvit6 or ~ therenjte~, at the option oj !he mortgagee, become and be due and pa~u6le, anytl~ing in said note or herein fo fhe contrary notu~it~slanc~in~. Fai~ure 6y the morlgagee to exer~cise any oj f~e righta or options hrreio prouic~ed sl~all nof constitute a uwii~er oJ nny rights or oplions under said note or Ihis ntortgage accn~ o~ therea~ler ac~uing. ~ jf . . _ , , t . ~ ' ~ i . ~ f I . ' . - ~ ~ , " _ ^ ~ . ,`$ATE~ ~n I~e mor[gagor has causec~ t~ese presents to . ~~:~E~ be execute~ in ils name, and its corpomle 3ea~ to ~e ~ereunto ajlixec~, by its :.Z prope? o~f ioen l~ereanto c~u~y authorizec~, ehe day ~d y~ ~irst a~iove u~ritten. ~ ~ . ' ATTEST• ~__-.cGC~ ~~c.. FIARIDIAN__ BUILDERS OF VERU BFACH I2. A~ice ~ae ~ouraey , Si , ealed and deline in th ence _ . ~ ~ ~ By--- ~ - - - - ~ . - - is E: ~~ursey, as P ; ~ Of Flor ide ~ ~iU~ Of St . Luc f e 1 HEREBY CERTIFI" J~e w~ el~ ~r. b~?w,~ ~ oJJ~. ddr ~Ib.:ud v~ t1K Swr~ a,~d C~er .~(«.smd a eo~r ~brw~- ; Orv f s E. Coursey and A1 ic e Mae Coursey ' d,~a ~ ~o ~ ~ ~ ~ r.~,~ ~a Secretary n~+;nt, ~w mo.lyogo. in Jm (wrqob~g tr~ua~e.d. and el~oe J~e~r ,n,:.ollr orlmon~ledyrd e:ecuein~ It~. ,a.ne. a. th. vnarnar el ~a.o n.6sc»6:wg ~:e~sxs. l.nlr o~d ool~.r1~ ~ awl~o.ur d~,ir a~d ~ dK~ 6r ,dd ~.r~~ ~d d.oe dk #d ofl~•d dK.~r~ d,~ n,~ ~l o! said cu.p«otion~ wrrnrESS r,~a ,,,a ~/~;ot ,~t ~ ~r,~ c~, ~a s~ ~ ~I«~~a 27th. ~ November • A. D. ~967. Ftl.EO AN COUN'~R ~``,~~~ti~~ ST. LUCIE ' G , . . RECORD VE421F1~ . . ~ , ~ . . ` . ; • f i . . .o ary Publ ic . i - - ~ : ~ : ~ ~ ~ • 15 My Commiss ion Expires : , ~ c~ ' c- _ Notary Pub~c. stats ot Florid~ ~t ur c. : - i6~82 Nn? ~mmission bcpires Aug. 23~ lli~ 0 ~F R ~=OITR A S bY Transarr~rica Insuqne~ C0. ~ J i - h - " - . CLERK CIRCUIT COURt . : ; 60~K~~ AACE ~ ~ ~